SPEND, SPEND, SPEND…Spend our way out of a recession

Well, this should be interesting…

President Barack Obama outlined new multibillion-dollar stimulus and jobs proposals Tuesday, saying the nation must continue to “spend our way out of this recession” until more Americans are back at work.

Okay, so how much extra is this going to cost?

No price tag was given….I guess he has had enough of the broken promises

Obama proposed a package of new spending for highway, bridge and other infrastructure projects, deeper tax breaks for small businesses and tax incentives to encourage people to make their homes more energy efficient.

The Obama administration inherited the worst economy since the Great Depression, or the economy turned out to be worse than they thought. Which is it? It can’t be both

Here is a piece by Steve Huntly from the Chicago Sun-Times, that raises all the questions we have today about the love affair that the media and others have with Obama and the thin veil it is hiding behind.

Have you heard the news? President Obama inherited an economic mess from the Bush administration.

You say that’s hardly news? But it’s been the message sounded over and over by the White House. Top Obama adviser David Axelrod said on one of the Sunday news shows, “He walked in the door, we had the worst economy since the Great Depression.” In San Francisco, Obama talked of being “busy with our mop.” White House heavy hitter Rahm Emanuel used the worst-economy-since-the-Depression line on a public TV news show.

Take, for example, all the talk of inheriting the worst economy since the 1930s crisis. That came in response to the news that the federal deficit hit $1.4 trillion.

Yet just a few months ago, the Obama camp was singing a little different tune. It was under criticism for the $787 billion stimulus package it bulldozed through Congress on grounds that massive spending was needed to keep the unemployment rate from breaching 8 percent. When joblessness hit 9.5 percent in June, Vice President Joe Biden said, “We misread how bad the economy was.”

They inherited the worst economy since the Great Depression, or the economy turned out to be worse than they thought. Which is it? It can’t be both

The MSNBC blast against the chamber appears to dovetail with what the Politico newspaper reports is a White House and Democratic effort “to marginalize” the business organization. That echoes the administration assault on the Fox News Channel: It says Fox isn’t a news organization.

The White House trying to dictate who’s a news organization. Democrats out to gut a business group. Obama media allies damning Americans as racist, unpatriotic and treasonous. Is this the America Obama promised when he campaigned to end the cynical and divisive politics of the past?

It raises very good questions and points out some great points and questions the article from CNN asking if the GOP are in trouble, are they, or is it just that so many crazies are getting the “media” spotlight and not the run or the mill normal people that are starting to see more clearly and ask better questions and know when we are getting the run around.

America…You are out of a recession!

According to Biden and some economists out there, the US is out of a recesssion

As of today, Unemployment for July (August numbers wont be out until Sept 4th) is at 9.4%, the housing market still looks appauling, the stock market has looked liked crap for the past few weeks and I’m pretty sure everyday its got a big fat red arrow pointing down and not the nice green one going up and my 401k seems to have a constant rash and no medication out there is fixing it….and not to mention we have no idea how much this Kennedycare Health Care is going to cost us, yet.

If we are out of a Recession….HELP! I’d like to know what I’m doing wrong.